What makes a crypto a blue-chip crypto?

Could you elaborate on the defining characteristics that categorize a cryptocurrency as a "blue-chip" crypto? What specific factors are taken into consideration when assessing a crypto's status in this category? Do factors like market capitalization, liquidity, technology, and adoption play a significant role? Are there any particular benchmarks or metrics that are widely accepted in determining whether a crypto qualifies as a blue-chip? Furthermore, how does the designation of a blue-chip crypto influence investor sentiment and market behavior? I'm interested in understanding the nuances that separate blue-chip cryptos from the rest of the market.